Online Casino

Some casino software providers include a progressive game that is contributed to by all the licensees in their network. Generally the way it works is that a third of the money goes to the provider, a third to the respective casino owner and a third is put directly into a jackpot which is the number you see ever-climbing, that will be paid out to whoever is lucky enough to hit the winning combination and of course have the maximum amount wagered.

There are some casinos who are not paying the entire amount of the progressive jackpot in a lump sum which is curious since by the time the money is into the jackpot the casino and the software provider have already taken their cut from the game. This means that there is no reason the money should not be paid out in lump sum. More curious is the payment schedule which often can be as little as a couple of thousand per week (or even month!).

 In theory, whatever entity is holding onto that money will earn a tidy sum over the time it would take to payout a few hundred thousand dollars, even if only earning a handful of percentage. Since this money has already been the gauntlet once then there’s no reasonable excuse for holding onto the money short of the casino wanting to do a double check on the player to make sure they are completely legitimate. Everyone knows that wouldn’t take the years that would be necessary to have passed in order to reach the full payout amount.

U.S. citizens take it on the chin the hardest in this matter. Most the online casinos guilty of having a maximum withdrawal limit are the ones that still cater to the USA. This is uncomfortably become an accepted cost of gambling on line by reputable gambling guides and casino portals.